Corporation Bank, Mangalore-based lender has organized an orientation workshop on foreign exchange in Mangalore in association with FEDAI Foreign Exchange Dealers' Association of India Mumbai. The workshop, which started on February 6 will end on February 11 and is being attended by 33 bankers from 17 banks.
The workshop was inaugurated by H.S. Saini, General Manager of the bank. In the workshop bankers spoke about the scope of training. This workshop is to enlighten the bankers with the latest guidelines of the Reserve Bank of India and the Foreign Exchange Management Act as customers are well informed and expect better services from the bankers.
The bank has reported a rise of 5.18% in its net profit of Rs 402.22 crore for the quarter ended December 31, 2011 as compared to Rs 382.42 crore for the same quarter in the previous year. Total income has increased by 39.08% from Rs 2,735.74 crore for Q3FY11 to Rs 3,804.50 crore in the quarter under review.
